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  • FIRST POST
    poolprouk
    bidding war for property, is agent playing games?
    • #1
    • 27th Feb 07, 2:07 PM
    bidding war for property, is agent playing games? 27th Feb 07 at 2:07 PM
    Just got off the phone with (EA) Estate agent regarding property I have bid for (there are other interested parties).

    The convo went like this

    EA - “Oh hello Mr x, I just wanted to phone to confirm that the best and final offer you made was Y+V (Y= my offer; V = extra amount (in this case quite small)”

    Me – “Er no, I bid Y”

    EA – “oh erm, ………….your going to need to bid Y+V to get it but we haven’t had this conversation if anyone asks”

    Me – “hmm, well ok then Y+V”

    EA – “ok then Y+V, when will you be able to come and see Miss Z (the independent mortgage advisor at the branch who I spoke with on Saturday), this afternoon or tomorrow”

    Me – “tomorrow evening”

    EA – “oh, she’s not here tomorrow, are you sure you can’t come today?”

    Me – “Afraid not, with due respect it’s not certain that I’ll be using the branch’s independent mortgage advisor anyway as I reserve the right to choose”.

    EA- “ok then we’ll get back to you later this afternoon”.

    End of convo.

    Now I am worried that I am being played for a fool, used or a pawn trying to earn EA more cash.

    I am a FTB with no chain so am wondering if what they want me to bid is the same as another bidder who has a chain (i.e. I am the preferred bidder).

    Or did they give me inside info because they want me to win as they think I will use the in house ‘independent mortgage advisor” whose company owns the estate agents!

    Anyone had an experience like this?

    poolprouk
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